Trading activities in the Nigerian Equities market closed negative at the end of today, Thursday (19/09/2024), as the NGX-ASI decreased to 98,003.75 from 98,230.92 recorded at the close of the previous trading day; indicating a YTD return of +31.07%.
Similarly, the market capitalization decreased by N130.54 billion to N56.316 trillion from N56.446 trillion recorded at the close of the previous trading day. However, the market turnover increased to N11.359 billion from N7.566 billion.
The market breadth was negative at 0.88X as 23 stocks advanced and 26 stocks declined, while 65 stocks remained unchanged. ABCTRANS topped the gainers’ list with 10.00%, while HONYFLOUR declined by 9.98% to lead the losers’ chart.
JAPAULGOLD recorded the highest volume while UACN recorded highest value for the day.
Read: NGX Price List for Thursday, 19th September 2024
MARKET STATISTICS
| CAP | N56,316,181,050,411.92 | One Day (ASI CHG) | -0.23% |
| Index | 98,003.75 | One Week (ASI CHG) | +1.01% |
| Volume | 473,091,884 | One Month (ASI CHG) | +2.20% |
| Value | N11,359,757,715.83 | Six Months (ASI CHG) | -6.12% |
| Deals | 9,848 | 52 Weeks (ASI CHG) | +43.55% |
| Gainers | 23 | Losers | 26 |
| Unchanged | 65 | Total | 114 |
| YTD Returns | +31.07% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.23 |
| NGX30 | -0.07 |
| NGXBNK | -0.62 |
| NGXCNSMRGDS | -0.26 |
| NGXINDUSTR | -0.06 |
| NGXINS | -0.57 |
| NGXLOTUSISLM | -0.31 |
| NGXOILGAS | -0.13 |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| ABCTRANS | 0.9 | 0.99 | 0.09 | 10.00 |
| UPL | 2.21 | 2.43 | 0.22 | 9.95 |
| FIDSON | 13.2 | 14.5 | 1.3 | 9.85 |
| CAVERTON | 3.06 | 3.36 | 0.3 | 9.80 |
| FIDELITYBK | 11.3 | 12.4 | 1.1 | 9.73 |
| DEAPCAP | 0.84 | 0.92 | 0.08 | 9.52 |
| STERLINGNG | 4 | 4.25 | 0.25 | 6.25 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change(N) | %Change |
| HONYFLOUR | 5.41 | 4.87 | -0.54 | -9.98 |
| FBNH | 33.9 | 30.55 | -3.35 | -9.88 |
| UPDC | 1.95 | 1.76 | -0.19 | -9.74 |
| NSLTECH | 0.68 | 0.62 | -0.06 | -8.82 |
| TANTALIZER | 0.68 | 0.62 | -0.06 | -8.82 |
| RTBRISCOE | 3.44 | 3.15 | -0.29 | -8.43 |
| CHAMPION | 3.2 | 2.97 | -0.23 | -7.19 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Daily Volume |
| JAPAULGOLD | 2.5 | 176 | 106,663,403 |
| UACN | 22.2 | 153 | 57,853,966 |
| FIDELITYBK | 12.4 | 513 | 48,729,943 |
| HONYFLOUR | 4.87 | 509 | 26,084,256 |
| GTCO | 46.25 | 291 | 14,755,641 |
| FCMB | 7.75 | 242 | 14,041,647 |
| ACCESSCORP | 19.6 | 400 | 12,447,065 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Value |
| UACN | 22.2 | 153 | 1,187,110,014.35 |
| GTCO | 46.25 | 291 | 679,126,862.05 |
| OANDO | 81 | 772 | 646,897,931.50 |
| FIDELITYBK | 12.4 | 513 | 599,420,742.85 |
| ZENITHBANK | 37 | 477 | 443,459,913.70 |
| FBNH | 30.55 | 546 | 297,761,336.45 |
| JAPAULGOLD | 2.5 | 176 | 259,812,153.95 |
OUTLOOK
The stock market closed in the red at the end of today’s trading session. The market’s downturn was across-the-board, with all sectors posting losses, reflecting investor’s caution. However we foresee a positive trend by the end of the week
